Goldman Sachs Files 424B2 Prospectus for Future Securities Offering

TL;DR

**GS just filed a prospectus, giving them options to raise cash later.**

AI Summary

Goldman Sachs Group Inc. filed a 424B2 prospectus on March 26, 2026, indicating a new offering of securities under their existing shelf registration (File No. 333-284538). This filing is a routine update for the company, allowing them to sell various types of securities in the future. For investors, this means Goldman Sachs is maintaining flexibility to raise capital, which could be used for growth, debt repayment, or other corporate purposes, potentially impacting future share value depending on the terms and use of proceeds.

Why It Matters

This filing allows Goldman Sachs to raise capital in the future, which could fund strategic initiatives or manage their balance sheet, directly influencing the company's financial health and growth prospects.

Risk Assessment

Risk Level: low — This is a standard prospectus filing, not an announcement of a specific offering, so the immediate risk to investors is minimal.

Analyst Insight

An investor should note this filing as it provides Goldman Sachs with future capital-raising flexibility, but it doesn't signal an immediate transaction. Keep an eye on subsequent filings for specific offering details and their potential impact on share dilution or debt levels.

Key Numbers

• 424B2 — Form Type (Indicates a prospectus for a new offering under an existing shelf registration)
• 0001193125-26-125437 — SEC Accession No. (Unique identifier for this specific filing)
• 2026-03-26 — Filing Date (Date the prospectus was filed with the SEC)
• 333-284538 — File No. (The registration statement under which this prospectus is filed)

Key Players & Entities

• GOLDMAN SACHS GROUP INC (company) — Filer of the 424B2 prospectus
• 0000886982 (company) — CIK of Goldman Sachs Group Inc.
• 2026-03-26 (date) — Filing Date and Accepted Date of the 424B2
• 333-284538 (dollar_amount) — File Number for the shelf registration statement

Forward-Looking Statements

• Goldman Sachs will likely issue new securities within the next 12-24 months to capitalize on market conditions or fund strategic initiatives. (GOLDMAN SACHS GROUP INC) — medium confidence, target: 2028-03-26

FAQ

Key Financial Figures

• $50,000,000 — 84538 The Goldman Sachs Group, Inc. $50,000,000 Floating Rate Notes due 2029 We wil
• $1,000 — e will have a principal amount equal to $1,000 or an integral multiple of $1,000 in ex

Filing Documents

• gs-20260326.htm (424B2) — 298KB
• gs_exfilingfees.htm (EX-FILING FEES) — 6KB
• img264553533_0.jpg (GRAPHIC) — 18KB
• img264553533_1.jpg (GRAPHIC) — 21KB
• img264553533_2.jpg (GRAPHIC) — 226KB
• img264553533_3.jpg (GRAPHIC) — 21KB
• 0001193125-26-125437.txt ( ) — 793KB
• gs_exfilingfees_htm.xml (XML) — 3KB

From the Filing

424B2 Filed Pursuant to Rule 424(b)(2) Registration Statement No. 333-284538 The Goldman Sachs Group, Inc. $50,000,000 Floating Rate Notes due 2029 We will pay interest on the notes at a rate per annum of compounded SOFR, as described herein, plus 1.05%, subject to the minimum interest rate of 0.00% per annum, payable quarterly on March 26, June 26, September 26 and December 26 of each year, beginning June 26, 2026 until March 26, 2029. The notes will mature on the stated maturity date, March 26, 2029, and interest for the final period will accrue to and be paid on such maturity date. You should read the disclosure herein to better understand the terms and risks of your investment, including our credit risk. See page S- 8 . Original issue date: March 26, 2026 Original issue price: 100% of the principal amount Underwriting discount: 0.09% of the principal amount Net proceeds to the issuer: 99.91% of the principal amount Neither the Securities and Exchange Commission nor any other regulatory body has approved or disapproved of these securities or passed upon the accuracy or adequacy of this prospectus. Any representation to the contrary is a criminal offense. The notes are not bank deposits and are not insured by the Federal Deposit Insurance Corporation or any other governmental agency, nor are they obligations of, or guaranteed by, a bank. The issue price, underwriting discount and net proceeds listed on the cover page hereof relate to the notes we sell initially. We may decide to sell additional notes after the date of this prospectus supplement, at issue prices and with underwriting discounts and net proceeds that differ from the amounts set forth above. The return (whether positive or negative) on your investment in notes will depend in part on the issue price you pay for such notes. Goldman Sachs may use this prospectus in the initial sale of the offered notes. In addition, Goldman Sachs & Co. LLC or any other affiliate of Goldman Sachs may use this prospectus in a market-making transaction in a note after its initial sale. Unless Goldman Sachs or its agent informs the purchaser otherwise in the confirmation of sale, this prospectus is being used in a market-making transaction. Goldman Sachs & Co. LLC Prospectus Supplement No. 1,706 dated March 24, 2026. About Your Prospectus The notes are part of the Medium-Term Notes, Series N program of The Goldman Sachs Group, Inc. This prospectus includes this prospectus supplement and the accompanying documents listed below. This prospectus supplement constitutes a supplement to the documents listed below and should be read in conjunction with such documents: • Prospectus supplement dated February 14, 2025 • Prospectus dated February 14, 2025 The information in this prospectus supplement supersedes any conflicting information in the documents listed above. In addition, some of the terms or features described in the listed documents may not apply to your notes. S- 2 SPECIFIC TERMS OF YOUR NOTES We refer to the notes we are offering by this prospectus supplement as the “offered notes” or the “notes”. Please note that in this prospectus supplement, references to “The Goldman Sachs Group, Inc.”, “we”, “our” and “us” mean only The Goldman Sachs Group, Inc. and do not include its consolidated subsidiaries, while references to “Goldman Sachs” mean The Goldman Sachs Group, Inc., together with its consolidated subsidiaries. Also, references to the “accompanying prospectus” mean the accompanying prospectus, dated February 14, 2025, as supplemented by the accompanying prospectus supplement, dated February 14, 2025, relating to Medium-Term Notes, Series N, of The Goldman Sachs Group, Inc. Please note that in this section entitled “Specific Terms of Your Notes”, references to “holders” mean those who own notes registered in their own names, on the books that we or the trustee maintain for this purpose, and not those who own beneficial interests in notes registered in street name or in notes issued in book-entry form through The Depository Trust Company. Please review the special considerations that apply to owners of beneficial interests in the accompanying prospectus, under “Legal Ownership and Book-Entry Issuance”. References to the “indenture” in this prospectus supplement mean the senior debt indenture, dated July 16, 2008, as amended, between The Goldman Sachs Group, Inc. and The Bank of New York Mellon, as trustee. Key Terms Issuer: The Goldman Sachs Group, Inc. Principal amount: each note will have a principal amount equal to $1,000 or an integral multiple of $1,000 in excess thereof; $50,000,000 in the aggregate for all the offered notes; the aggregate principal amount of the offered notes may be increased if the issuer, at its s

View Full Filing

View this 424B2 filing on SEC EDGAR